Thomas Dean Fountain - 01 Aug 2021 Form 4 Insider Report for F5 NETWORKS, INC. (FFIV)

Role
EVP Global Services & Strategy
Signature
/s/ Scot F. Rogers by Power of Attorney
Issuer symbol
FFIV
Transactions as of
01 Aug 2021
Net transactions value
-$406,205
Form type
4
Filing time
03 Aug 2021, 15:59:06 UTC
Previous filing
03 Jun 2021
Next filing
05 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIV Common Stock Options Exercise $0 +3,972 +45% $0.000000 12,793 01 Aug 2021 Direct F1
transaction FFIV Common Stock Tax liability $406,205 -1,967 -15% $206.51 10,826 01 Aug 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FFIV Restricted Stock Unit Options Exercise $0 -1,143 -10% $0.000000 10,288 01 Aug 2021 Common Stock 1,143 $0.000000 Direct F2, F3, F4
transaction FFIV Restricted Stock Unit Options Exercise $0 -651 -50% $0.000000 652 01 Aug 2021 Common Stock 651 $0.000000 Direct F2, F4, F5
transaction FFIV Restricted Stock Unit Options Exercise $0 -799 -17% $0.000000 3,993 01 Aug 2021 Common Stock 799 $0.000000 Direct F2, F4, F6
transaction FFIV Restricted Stock Unit Options Exercise $0 -1,379 -33% $0.000000 2,759 01 Aug 2021 Common Stock 1,379 $0.000000 Direct F2, F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired upon vesting of the February 1, 2018, November 1, 2018, November 1, 2019 and November 2, 2020 awards of service-based Restricted Stock Units.
F2 Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date.
F3 This November 2, 2020 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2021.
F4 If the reporting person continues to provide services to the Company through the vest date, the corresponding number of shares of Common Stock of F5 Networks, Inc. will be issued to the reporting person on the vest date.
F5 This November 1, 2018 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2019.
F6 This November 1, 2019 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2020.
F7 Twenty five percent (25%) of this February 1, 2018 award of service-based Restricted Stock Units vests on February 1, 2019, and the remaining seventy five percent (75%) vests in twelve equal quarterly increments beginning May 1, 2019